Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

Having trouble viewing this email?  View online China News Digest Wednesday 9 January 2019 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Zijin plans selling $1.2B worth of shares to fund Nevsun takeover China's No.1 gold miner aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval. read » Global copper market under supplied, demand on the rise — report But over the long term, the global copper deficit is expected to shrink, and the market will shift to oversupply. read » China slowdown a big threat to industrial metals in 2019 — analyst With metals ringing off the new year on a weak note, both price- and demand-wise, BMO Metals says the main questions for 2019 revolve around China and whether its government is doing enough to slow the country's economic contraction. read » New era for Barrick Gold begins Barrick now trades as GOLD in New York and continues as ABX in Toronto. read » Blackwater founder launches fund to invest in electric car battery metals The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper. read » Jewellery giant Chow Tai Fook joins De Beers diamond blockchain program The Hong Kong-based company's involvement will further extend the platform's reach into the Asian diamond sector. read » Rio Tinto, China Baowu in talks to extend Pilbara iron ore JV The miner and one of the world's top steelmakers, have agreed to negotiate a possible extension to their iron-ore joint venture in Australia. read » Copper price falls despite China's promise of more 'economic miracles' Industrial metal prices tumble as President Xi's defiant speech intensifies trade war fears, offer little on economic stimulus or market reforms. read » Coal demand seen steady through 2023 thanks to India and China — IEA Coal consumption is on the rise and will remain roughly stable over the next five years, the International Energy Agency forecasts. read » China's FX reserves fall in 2018 as slowing economy, trade war weigh  Even if a trade agreement is reached soon, analysts say it would be no panacea for China's economy, which is expected to continue decelerating in coming months. read » China adds to gold reserves for first time since October 2016 "It's a bullish sign for gold" read » China iron ore futures hit over 2-month peak on restocking hopes Chinese steel futures rose on Friday buoyed by expectations that steel mills would replenish their stocks of the raw material. read » China to step up crackdown on rare earth sector: ministry China launched the crackdown on the rare earth sector in 2009, with authorities claiming that illegal activities drove down global prices and made it impossible to cover the huge environmental costs of production. read » Commodities cap another dismal year as '19 offers tough test Raw materials have lost ground amid a flurry of signs the pace of expansion will slow next year. read » With turmoil rampant, gold targets $1,300 as gloomy 2019 beckons Gold is closing out 2018 with a flourish. read » Year's best major metal gains steam as supply eclipses trade woe The price of palladium has more then doubled in the past three years. read » Barra looks to China for GM's electric rebirth: Anjani Trivedi In 2014, Barra listened to accounts of families who'd lost a member while driving in a General Motors Co. Chevrolet Cobalt that malfunctioned. read » China's industrial profits suffer first drop in 3 years, piles pressure on economy The gloomy data points to a further loss of economic momentum as a trade dispute with the US piles pressure on China's vast manufacturing sector. read » China copper smelters raise TC/RC floor for Q1 2019 China's top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2019 by 2.2 percent. read » Trump's EPA to maintain Obama-era coal plant curbs, with a twist Electric utilities have already spent billions of dollars to meet the requirements. read » China's Minmetals to buy 2.04m tonnes iron ore from Rio Tinto in 2019 Minmetals will purchase Pilbara Blend lump ore that will delivered through 12 cargoes and priced at around $144.94 million. read » China aluminium firms to cut 800,000t of capacity in coming months – official Operating pressure on smelters is "reaching the extreme limit" even worse than in the fourth quarter of 2015. read » The year that politics broke the metals cycle: Andy Home In a world where the Trump Administration is leading a return to economic and resource nationalism, it's hard to see how global metals can break free of global politics. read » Codelco agrees 3-year "evergreen" deals with clients in strategy overhaul We are focusing on the good clients who have an end-user market. read » Five themes to watch for European miners after humbling year It all started so well in 2018. read » China's top aluminium firms gather to address price slump – sources The major producers will talk about what they can do to support the market, if there's a possibility to do further curtailments. read » Defense Metals now controls Wicheeda Lake rare earth deposit We probably have more rare earth deposits in Canada, or controlled by Canadian-listed juniors, than anywhere in the world. read » Read more China news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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